Cryptocurrencies

Twitter CEO Jack Dorsey Launches COVID-19 Relief Fund

Twitter CEO and Square founder Jack Dorsey joins the list of entrepreneurs donating money and supplies to fight the COVID-19 pandemic. The well-known Bitcoin advocate has transferred $ 1 billion of his Square shares to an entity called Start Small LLC. The amount represents 28% of your net worth.

As the fight against the new coronavirus continues, large entities and even individuals are donating significant amounts for gear, masks, fans, and more. Jack Dorsey, CEO of Twitter and founder of Square, recently announced his contribution in this regard.

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Twitter CEO philanthropist Jack Dorsey

Dorsey has established a transparent background that works called Start Small LLC. He has transferred $ 1 billion of his Square stock, which is roughly 28% of his wealth.

According to the file Dorsey shared, the first donation of $ 100.000 was sent to the US Food Fund. thrown out by popular Hollywood actor Leonardo DiCaprio, his mission is to raise $ 15 million for meals for people affected by COVID-19. He managed to raise more than $ 12 million in just one day.

Dorsey, who still holds the bitcoin emoji On his personal Twitter page, he explained that Start Small LLC would play a role even after the COVID-19 crisis is over. It will focus on the health and education of girls around the world.

Just a few months after the first infected person in China, the coronavirus has spread to almost every corner of the world. The total number of confirmed cases is rapidly closing to 1,5 million . The death toll at the time of writing is over 82.000. The silver lining right now is the number of successfully recovered patients worldwide - over 300.000.

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Jose A Hernandez Marquez

Industrial engineer, technology enthusiast. In my free time, I play Ultimate Frisbee, read a lot about Bitcoin, the Crypto-space... and from time to time I get lost in nature.

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